The Metaverse has introduced a new phase to cryptocurrencies worldwide, as most tokens with functional NFT marketplaces have taken to the virtual world to maximize their potential in NFT trade. Consequently, it’s not surprising to find new coins adding Metaverse-enabled features to their protocols, improving the quality of their DeFi services. Here, we review how the new memecoin project, Dogeliens (DOGET), will compete against the top Metaverse-based tokens, the Sandbox (SAND), and Axie Infinity (AXS).
The Sandbox (SAND)
The Sandbox (SAND) recently started a new branch in the gaming industry by expanding its game development into cryptocurrency. With its experience in mobile gaming, it’s hardly shocking to see the platform making waves with its gaming protocols today.
The Sandbox (SAND) enables its users to create and monetize NFTs generated from their gaming experiences. It is a multiplayer Metaverse platform where users compete against one another across many game modes and platforms. Like other platforms, the users define the tokens on smart contracts for safety from theft and fraud. Also, the platform accommodates the listing of NFTs, giving creators a chance to make passive income from hobbies like art creation.
The Sandbox (SAND) features three main products allowing users to tokenize their digital content effectively. The software–Voxel editor, Game Maker, and Marketplace–contribute to improving NFT creators’ experiences and will enable them to list and share their artworks with other users on the network.
SAND, the official token for the platform, powers the Sandbox by being the medium of payment for all operations on the network. It is also used to secure the platform and enter paid game modes. You can get SAND on CoinMarketCap for $0.74.
Axie Infinity (AXS)
Axie Infinity (AXS) is one of the most popular gaming protocols on the Ethereum blockchain, getting about a million users daily as of August 2021. The developer, Sky Mavis, designed the platform to charge considerably lesser fees for transactions compared to Ethereum.
Axie Infinity (AXS) is a blockchain game supported by the Ethereum network where users collect pet avatars and use them to compete against one another for rewards. It’s a typical play-to-earn gaming protocol that uses two coins to simplify trade on the platform.
The main token used for most operations is the AXS token. Users buy and mint their NFTs using AXS to pay for charges. The AXS is also tradable on decentralized exchanges and browser wallets like UNISWAP and Coinbase. The second token, SLP, is used for in-game finances, where users accumulate their rewards in SLP before converting them to other currencies. The SLP is also used to obtain upgrades for each player’s pet characters.
AXS is available on CoinMarketCap for $10.01. On the other hand, SLP is restricted to usage in the blockchain game.
Dogeliens (DOGET)
Dogeliens (DOGET) is the latest memecoin to hit the cryptocurrency market, and it’s been making waves with its all-inclusive, feature-packed protocol recently. The platform plans to take cryptocurrency trade to an interplanetary level, where humans will use it as a medium to trade efficiently with extraterrestrials.
Unlike many memecoins, Dogeliens (DOGET) offers a superb mix of services in its ecosystem, ensuring every user gets what they want, from memes to NFTs. The developers are working on creating their learning feature where users will be enlightened on the benefits of DeFi and how to utilize the several DeFi solutions available to them. The platform’s smart contracts have been audited, and top crypto charts like CoinMarketCap and CoinGecko have included them in their coin lists.
The Dogeliens (DOGET) ecosystem comprises a learning platform and a store for getting ready-made NFTs.
As stated above, the platform’s learning feature, the University of Barkington, will educate users on the various DeFi merits of joining the Dogeliens (DOGET) project. Lastly, users can get NFTs from the Pupstore, which are useful in the game modes.
Join the Dogeliens (DOGET) presale and get your tokens ready for launch. Click here to access the interface and news from the developers, or find out more here:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/10/new-memecoin-wonder-dogeliens-set-to-upend-the-sandbox-axie-infinity-with-its-killer-ecosystem